Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Statistics and Probability Expert

Test whether the average patient should pay no more than $250.

An auditor reviewed 25 oral surgery insurance claims from a particular surgical office, determining that the mean out-of-pocket patient billing above the reimbursed amount was $275.66 with the standard deviation of $78.11. (a) At the 5 percent level of significance, does this sample prove a violation of the guideline that the average patient should pay no more than $250 out-of-pocket? Declare the hypotheses and decision rule (b) Is this a close decision?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M921819

Have any Question? 


Related Questions in Statistics and Probability

1 what three rules govern the construction of a grouped

1. What three rules govern the construction of a grouped frequency distribution? 2. What is the difference between a histogram and a bar graph? 3. Distinguish among the median, mode, and mean.

An article in archaeometry involved an analysis of 48

An article in Archaeometry involved an analysis of 48 samples of Romano-Britishpottery, found at four different kiln sites in the United Kingdom. The samples were analyzed todetermine their chemical-composition. The perc ...

Asume that you plan to use a significance level of alpha

Assume that you plan to use a significance level of α = 0.05 to test the claim that p1 = p2. Use the given sample sizes and numbers of successes to find the P-value for the hypothesis test. n1 = 50 n2 = 50 x1 = 8 x2 = 7

1 how might you find information about measures that have

1. How might you find information about measures that have been developed by ofllerresearchers? 2. What are diary mefllodologies, and why are flley used? 3. Discuss ways in which interviewers can increase flle reliabilit ...

A simple random sample of 120 men results in a mean of 80

A simple random sample of 120 men results in a mean of 80 beats per minute, and a standard deviation of 11 beats per minute. Based on the sample results, the researcher concludes that the pulse rates of men have a standa ...

Prepare a paper in which you describe path analysis be sure

Prepare a paper in which you describe path analysis. Be sure to compare and contrast this technique with multiple regression analyses. Provide an example of when it would be useful to conduct path analysis by describing ...

Two population meansa tomato farmer with a very large farm

Two Population Means A tomato farmer with a very large farm of approximately 2200 acres had heard about a new type of rather expensive fertilizer which would supposedly significantly increase his production. The frugal f ...

1 what advantage do experiments have over descriptive and

1. What advantage do experiments have over descriptive and correlational studies? 2. A well-designed experiment possesses what three characteristics? 3. Distinguish between qualitative and quantitative levels of an indep ...

Validity true story i once spoke to a retired professor who

Validity: True story: I once spoke to a retired professor who used to teach general studies geography. His grading technique was to throw the papers/tests on the ground and randomly assign the same grade to each pile (wi ...

125 wordshow did the theodore d weld william lloyd garrison

125 words How did the Theodore D. Weld, William Lloyd Garrison, Arthur and Lewis Tappan, and Elizur Wright, Jr assist in the freeing of or ending of slaves/slavery?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

WalMart Identification of theory and critical discussion

Drawing on the prescribed text and/or relevant academic literature, produce a paper which discusses the nature of group

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro